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Fred Pennic, Editor-in Chief | HIT Consultant

Fred Pennic is the Founder and Editor-in-Chief of HIT Consultant.

AI Breakthrough Reveals 2025 AI Breakthrough Award Winners

by Fred Pennic 06/26/2025 Leave a Comment

AI Breakthrough Reveals 2025 AI Breakthrough Award Winners

What You Should Know:  - The 8th annual AI Breakthrough Awards have been announced, recognizing the leading companies, technologies, and products in the global Artificial Intelligence market. The awards, organized by the market intelligence firm AI Breakthrough, highlight the most innovative and impactful solutions across a wide spectrum of AI categories.  - This year, the program received over 5,000 nominations from more than 20 countries, reflecting the significant and
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KLAS Executive Voices 2025: Understanding the Healthcare IT Needs of C-Suite Leaders

by Fred Pennic 06/25/2025 Leave a Comment

KLAS Executive Voices 2025: Understanding the Healthcare IT Needs of C-Suite Leaders

What You Should Know:  - A June 2025 report from KLAS Research, titled "Executive Voices 2025," provides insights from C-suite leaders in enterprise, operational/technological, and clinical roles to help technology vendors better understand their needs and challenges. While healthcare organizations rely on technology, many software vendors struggle to grasp the broader goals of the executives making purchasing decisions.  - Insights for the report were gathered from two KLAS data
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Rush University to Host Colonoscopy Study Using Apple Vision Pro

by Fred Pennic 06/25/2025 Leave a Comment

Rush University to Host Colonoscopy Study Using Apple Vision Pro

What You Should Know:  - Cosmo Pharmaceuticals has announced it will begin the first-ever human usability study of a new software application that integrates Medtronic's GI Genius™ AI module with Apple Vision Pro.  - The study, set to launch in July 2025 at Rush University Medical Center, will evaluate the use of spatial computing to deliver real-time, AI-powered insights to physicians during live colonoscopy procedures. First-of-its-Kind Clinical Study on the Use of GI
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Report: Health Systems Turn to Technology to Combat Enduring Workforce Challenges

by Fred Pennic 06/25/2025 Leave a Comment

Health Systems Turn to Technology to Combat Enduring Workforce Challenges

What You Should Know:  - A new report from the Center for Connected Medicine (CCM) at UPMC and KLAS Research reveals that healthcare leaders are increasingly investing in technology to address persistent workforce issues, years after the COVID-19 pandemic strained the industry to its limits. - The new report, titled “Transforming Health Care Workforce Management: How Technology Can Address Workforce Challenges at Health Systems,” indicates a decisive shift in strategy. Over 80% of
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NPHub Secures $20M to Tackle Nurse Practitioner Shortage and Modernize Clinical Placement

by Fred Pennic 06/25/2025 Leave a Comment

NPHub Secures $20M to Tackle Nurse Practitioner Shortage and Modernize Clinical Placement

What You Should Know:  - NPHub, the pioneering digital platform connecting nurse practitioner students with essential clinical rotations announced a $20M growth equity investment from leading growth equity firm, Edison Partners.  - The first round of institutional capital will fuel the company's mission to streamline the cumbersome process of clinical and career placement for the nation's rapidly growing population of nurse practitioners. Addressing a Critical Healthcare
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Abridge Secures $300M to Embed Revenue Cycle Intelligence into Clinical Conversations

by Fred Pennic 06/24/2025 Leave a Comment

Abridge Secures $300M to Embed Revenue Cycle Intelligence into Clinical Conversations

What You Should Know:  - Abridge, a generative AI platform for clinical conversations secures $300M in Series E funding led by Andreessen Horowitz (a16z), with participation from Khosla Ventures.  - The new capital will accelerate the company's efforts to transform the way care is delivered, documented, and reimbursed, starting at the point of care. Tackling Healthcare's Administrative Burden at its Source Every year, the U.S. healthcare system spends nearly $1.5 trillion
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ForSight Robotics Raises $125M for Ophthalmic Robotic Surgery

by Fred Pennic 06/24/2025 Leave a Comment

ForSight Robotics Raises $125M for Ophthalmic Robotic Surgery

What You Should Know:  - ForSight Robotics, the pioneer in ophthalmic robotic surgery secures $125M Series B round, led by Eclipse.  - The investment will accelerate the next growth phase for the ORYOM™ Platform, the world’s first robotic surgery platform for cataract and other eye diseases, as the company prepares to launch first-in-human clinical trials this year. - The funding round, which brings ForSight Robotics’ total funding to $195M, also included significant
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Arine Raises $30M to Redefine Medication Management with AI

by Fred Pennic 06/24/2025 Leave a Comment

Arine Raises $30M to Redefine Medication Management with AI

What You Should Know:  - Arine, the leader in AI-driven medication intelligence announced it has closed a $30M Series C funding round led by Town Hall Ventures, with participation from Kaiser Permanente Ventures and other existing investors. This brings Arine’s total funding to $66M.  - The new capital will empower the company to accelerate its mission of redefining medication management across the healthcare continuum, at a time when the industry faces unprecedented financial and
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SuperDial Raises $15M to Automate Healthcare’s Endless Admin Phone Calls with AI

by Fred Pennic 06/24/2025 Leave a Comment

SuperDial Raises $15M to Automate Healthcare’s Endless Admin Phone Calls with AI

What You Should Know:  - SuperDial, a voice AI company automating the phone calls that drain time and money from healthcare operations raiases $15M in new funding led by SignalFire, with participation from Slow Ventures, BoxGroup, and Scrub Capital. - SuperDail plans to use the funding to scale its voice AI platform, which automates the high-friction insurance calls that cost provider organizations and billing companies billions of dollars every year. Automating Healthcare's Most
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PE Firm Harvest Partners Invest in RCM Company Med-Metrix

by Fred Pennic 06/24/2025 Leave a Comment

PE Firm Harvest Partners Invest in RCM Company Med-Metrix

What You Should Know:  - Med-Metrix, LLC, a provider of technology-enabled Revenue Cycle Management (RCM) solutions has received a significant growth investment from funds managed by Harvest Partners, LP (“Harvest”).  - The investment, made in partnership with Med-Metrix's management and its prior owner, A&M Capital (“AMC”), will support the company’s next phase of development. AMC to Retain Minority Investment The company’s management team, led by CEO Joseph Davi, will
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